This book, originally published in 1981, discusses the various welfare effects – including ai, debt, trade and labour flows - of the rise in oil prices and revenues which took place in the 1970s. These complex effects and the negotiating stances of the developing countries are all examined an dinvestigated, drawing upon a wide range of sources and material for the more quantitative parts. Throughout, however, the treatment is non-mathematical and is written in clear English accessible not only to bankers and polititians, but also students of economics, international relationjs and area studies.
It is an unfortunate truth that our oceans offer valuable resources that are too often used unsustainably. Time and again this is due to the failure of international law to provide a framework for adequate governance. Economics of the Oceans examines this issue and provides a comprehensive study of ocean uses from the perspectives of law and economics. Themes covered in the book include ocean governance, the economics of oceanic resource exploitation, offshore oil, coral reefs, shipwrecks and maritime piracy. Analytical techniques such as basic game theory, environmental economics of the commons and cost-benefit analysis are employed to illuminate the topics. This book will be of interest to students of environmental economics, natural resource economics and management, and the economics of international law as relating to the oceans.
Until this book was published little had appeared on the matter of the organization of production in oil gathering. This book: Describes the global offshore oil supply industry and its features on one of the world's major offshore oil services bases Draws on the theory of the multinational corporation to explain why buyers and sellers should have internationalized themselves into a symbiotic relationship Discusses the preference of the oil companies for vertical disintegration Explains the transaction cost paradigm Integrates the largely American literature on the transaction cost paradigm with the literature on the multinational corporation (which is largely British).
The first complete guide containing everything needed to form, operate and dissolve a Delaware limited partnership, including forms prepared by the authors, explanations of every statutory section, and analysis of fiduciary duties, protections, reorganization, foreign limited partnerships, derivative actions, and indemnification rights. By Martin I. Lubaroff and Paul M. Altman. The text of every section of the Delaware Revised Uniform Limited Partnership Act, as revised from 1983 through 2011, is set out in full, showing additions and deletions in each version of the act. The explanations of every statutory section cover all practical aspects of forming, operating, and dissolving a limited partnership. Thorough explanations of statutory provisions are integrated with detailed analysis of case law from Delaware. Plus, timely coverage is given to critical legal issues: Fiduciary duties of the partners Protections related to the liability of limited partners Defining the financial aspects of the limited partnership General and limited partners Reorganization of a limited partnership with or into other types of business entities Foreign limited partnerships Derivative actions Indemnification rights that can be granted to partners under a partnership agreement Delaware limited liability companies
Traditonal western forms of corporate organization have been called into question by the success of Japanese keiretsu. Firms, Markets and Economic Change draws on industrial economics, business strategy, and economic history to develop an evolutionary model to show when innovation is best undertaken. The authors argue that innovation is a complex process that defies neat categorization and government policy should be to facilitate change rather than to direct it.
The book covers problems relating to international macroeconomics and international finance. The first part develops new approaches to exchange rate modeling. The second part is a collection of papers on the theory and empirical analysis of monetary unions. The third part contains criticism of the mainstream macroeconomic models and proposes alternative modeling approaches.
Covering the impact of austerity, Brexit, the Scottish Independence Referendum and the collapse of the Northern Ireland Executive, this book discusses how wider national developments shape and are shaped by the process of devolution in Scotland, Wales, Northern Ireland and England, assessing its impact on politics, policy and public administration. Drawing together extensive scholarship on devolution, Devolution in the UK compares the similarities and differences between the different devolved nations, and tackles key questions: - Where did devolution come from, and what does its future look like? - What are the most effective devolution systems, and what are their benefits? - Why does Wales have fewer devolved powers than Scotland and Northern Ireland? - What impact will Brexit have? - Why are national identities, symbols, languages, flags and culture so important? Spanning the introduction of devolution in 1988 to the present, this is essential reading if you are studying devolution, one of the country-specific political systems, or interested in UK politics as a whole.
Discusses the costs of information management in relation to all other costs of doing business. Shows how to calculate and analyze the information productivity of a corporation. Includes a ranking of the productivity of 1,586 U.S. industrial corporations in an appendix.
Taking a close look at American corporate governance, the authors show what is missing in today's corporate governance, and support a case for activating the board of directors to put new controls on management and take responsibility for the result.
It is an unfortunate truth that our oceans offer valuable resources that are too often used unsustainably. Time and again this is due to the failure of international law to provide a framework for adequate governance. Economics of the Oceans examines this issue and provides a comprehensive study of ocean uses from the perspectives of law and economics. Themes covered in the book include ocean governance, the economics of oceanic resource exploitation, offshore oil, coral reefs, shipwrecks and maritime piracy. Analytical techniques such as basic game theory, environmental economics of the commons and cost-benefit analysis are employed to illuminate the topics. This book will be of interest to students of environmental economics, natural resource economics and management, and the economics of international law as relating to the oceans.
This Palgrave Pivot presents theoretical models that explain common historical sequences, such as wars of secession, the rise and fall of empires, and international war. The book uses a rational choice model to frame the incentives of specific groups coming together in a polity or leaving it. These incentives are then set in a theoretical framework to determine the outcome—unity or secession, peace or war—and are demonstrated through historical examples. The book provides two longer case studies looking directly at motives for and against secession: the first on the American Civil War from the point of view of the Confederacy, and the second on efforts by the UK government to stem the tide of Scottish independence. Another case study discusses peacekeeping as aimed at reducing the costs of secessionist wars. With its accessible use of economic theory and ability to bring to life real-world examples of conflict and secession, this book is ideal supplementary reading for courses in international relations, conflict studies, global economics and economic history.
This Palgrave Pivot presents theoretical models that explain common historical sequences, such as wars of secession, the rise and fall of empires, and international war. The book uses a rational choice model to frame the incentives of specific groups coming together in a polity or leaving it. These incentives are then set in a theoretical framework to determine the outcome—unity or secession, peace or war—and are demonstrated through historical examples. The book provides two longer case studies looking directly at motives for and against secession: the first on the American Civil War from the point of view of the Confederacy, and the second on efforts by the UK government to stem the tide of Scottish independence. Another case study discusses peacekeeping as aimed at reducing the costs of secessionist wars. With its accessible use of economic theory and ability to bring to life real-world examples of conflict and secession, this book is ideal supplementary reading for courses in international relations, conflict studies, global economics and economic history.
The Barnett formula is doomed. These authors provide a readable and convincing guide to the alternatives. The volume is a wonderful example of what tight economic reasoning can do its case for fiscal autonomy is unanswerable . Professor Michael Artis, University of Swansea, UK 'Written by two economists independent of the sort of political biases that mar so much of the discussion this book offers a refreshing, analytical and authoritative economic analysis of the various paths for fiscal reform in Scotland'. Professor Drew Scott, The University of Edinburgh, UK Hallwood and MacDonald make a compelling case for the devolution of fiscal authority to Scotland to increase fiscal autonomy and improve fiscal performance. They suggest not only the need for such devolution but provide a careful analysis and blueprint of how to do it. Wallace E. Oates, University of Maryland, US Fiscal autonomy could raise economic growth and efficiency in Scotland, benefiting both Scotland and the rest of the United Kingdom. C. Paul Hallwood and Ronald MacDonald discuss how other reform proposals, which amount to cutting Scotland s block grant, would not be seen as legitimate by Scottish voters, and would be unlikely to reduce the burden on the Westminster budget. The authors demonstrate how public finances can be organized to minimize the price of tranquillity in multi-regional states. Advances proposed in the new fiscal federalism literature are used to explain why fiscal autonomy would be a superior system compared to the present block grant system and fiscal federalism, whereby Scotland would be granted limited tax powers. Their extensive review of recent econometric studies finds that tax devolution in other countries has been largely successful.
Maritime Piracy and its Control develops an economic approach to the problem of modern-day maritime piracy with the goal of assessing the effectiveness of remedies aimed at reducing the incidence of piracy.
Rely on the #1 Guide to Pump Design and Application-- Now Updated with the Latest Technological Breakthroughs Long-established as the leading guide to pump design and application, the Pump Handbook has been fully revised and updated with the latest developments in pump technology. Packed with 1,150 detailed illustrations and written by a team of over 100 internationally renowned pump experts, this vital tool shows you how to select, purchase, install, operate, maintain, and troubleshoot cutting-edge pumps for all types of uses. The Fourth Edition of the Pump Handbook features: State-of-the-art guidance on every aspect of pump theory, design, application, and technology Over 100 internationally renowned contributors SI units used throughout the book New sections on centrifugal pump mechanical performance, flow analysis, bearings, adjustable-speed drives, and application to cryogenic LNG services; completely revised sections on pump theory, mechanical seals, intakes and suction piping, gears, and waterhammer; application to pulp and paper mills Inside This Updated Guide to Pump Technology • Classification and Selection of Pumps • Centrifugal Pumps • Displacement Pumps • Solids Pumping • Pump Sealing • Pump Bearings • Jet Pumps • Materials of Construction • Pump Drivers and Power Transmission • Pump Noise • Pump Systems • Pump Services • Intakes and Suction Piping • Selecting and Purchasing Pumps • Installation, Operation, and Maintenance • Pump Testing • Technical Data
A major revision of McGraw-Hill's classic handbook that provides practical data and know-how on the design, application, specification, purchase, operation, troublshooting, and maintenance of pumps of every type. It is an essential working tool for engineers in a wide variety of industries all those who are pump specialists, in addition to those who need to acquaint themselves with pump technology. Contributed to by over 75 distinguished professionals and specialists in each and every area of practical pump technology.
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